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nowbroker
1058 Posts |
 Posted - 07/15/2008 : 5:01:33 PM
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Wow, I have an approval with Countrywide but after the B of A purchase the rate went through the roof. Anybody have any good options?
1,500,000 appraised value
964,000 loan amount 65% LTV
75% CLTV existing 2nd
Full Doc
765 credit score
Oregon property
R/T refinance
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daronc
1201 Posts |
Posted - 07/15/2008 : 6:59:36 PM
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| 5/1 ARM I/O No PPP 6.50% <PAR> |
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nowbroker
1058 Posts |
Posted - 07/16/2008 : 2:37:51 PM
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| Daron buddy, answer your phone you may have a deal! |
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jfink46
208 Posts |
Posted - 07/16/2008 : 2:41:33 PM
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| US Bank |
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nowbroker
1058 Posts |
Posted - 07/16/2008 : 2:44:36 PM
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| Thanks, I did think of them but their max loan is $900k :( |
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jfink46
208 Posts |
Posted - 07/16/2008 : 2:47:53 PM
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| I just locked one today at $1,000,000 first (75% LTV) and $140,000 HELOC (85% CLTV) on program 3308 at US Bank 6.500% at 99.875 |
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bramous
866 Posts |
Posted - 07/16/2008 : 2:48:18 PM
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| ING....5.875<.25> 5/1 IO |
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jfink46
208 Posts |
Posted - 07/16/2008 : 2:53:10 PM
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| I don't trust ING for apprasials on purchases now, especially with a close to the limit LTV. |
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nowbroker
1058 Posts |
Posted - 07/16/2008 : 2:54:52 PM
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I do not want to even see ING's rates- they smoke. We do not do enough volume to get an approval with them.
I will check with US Bank, my rate sheet caps the loan amounts (may vary by state) |
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